Best Bitcoin Brokers in Hong Kong
On this page you find the best Hong Kong Bitcoin brokers. Choose a Bitcoin trading site that is Hong Kong-based or allows traders from HK:

- Bitcoin, Altcoin Derivatives
- Margin Trading
- BTC
- USDT
- no minimum
- $80 Bonus
10% Fee Discount Pro:
- No KYC
- Free demo account
- Unknown CEO
- Not for US traders

- Bitcoin, Altcoin Derivatives
- Margin Trading
- Bitcoin Futures
- Crypto Spot Market Exchanges
- BTC
- Altcoins
- Fiat Money
- no minimum
Certain withdrawal fees Pro:
- Highly trusted
- Low fees
- 80+ altcoins
- Hacked in 2019
- Complicated instruments

- Bitcoin, Altcoin
- Derivatives
- Margin Trading
- Fiat Money, BTC
- no minimum
- Regulated and highly secure
- Demo accounts
- No minimum deposit
- More products could be available
- Low crypto leverage

- Bitcoin, Altcoin Derivatives
- Margin Trading
- Bitcoin Futures
- BTC, ETH, EOS, XRP
- no minimum
- $10 Welcome Bonus
- Advanced order types
- $50 Welcome Bonus
- Highly transparent
- Not for US traders

- Bitcoin, Altcoin Derivatives
- Margin Trading
- BTC
- Altcoins
- Fiat Money
- no minimum
Certain fiat transfer fees Pro:
- Best Mobile App
- Anonymous accounts
- No trading fees
- High swap rates
- Low transparency

- Bitcoin, Altcoin Derivatives
- Margin Trading
- Crypto Spot Market Exchanges
- BTC, Altcoins
- Fiat Money
- $20 minimum
Spot: Maker 0.1% | Taker 0.2%
Certain transfer fees Pro:
- Highly trusted
- Amazing trading interface
- Advanced order types
- Hacked in 2016
- Demanding verification

- Bitcoin, Altcoin Derivatives
- Margin Trading
- Crypto Spot Market Exchanges
- BTC
- Altcoins
- no minimum
Certain withdrawal fees Pro:
- Altcoin margin trading
- Unique BTMX rewards system
- Only 10x leverage
- Not for US traders

- Cryptocurrency Spot Market Exchange
- Bitcoin, Altcoins
- Fiat Money
- 1$; 50RUB; 1EUR minimum
- Many low cap altcoins
- fiat deposits accepted
- excellent support
- Only limit orders
- No stop loss
- Low volume

- Bitcoin, Altcoins
- Margin Trading
- Bitcoin Futures
- BTC
- Altcoins
- USD
- no minimum
Transfer fees may occur Pro:
- High liquidity
- Advanced order types
- High withdrawal limit
- Leverage not yet for USA
- No more Futures

- Cryptocurrency Spot Market Exchange
- BTC
- Altcoins
- No minimum
- Good Liquidity
- Many smaller coins tradable
- Bad support

- Cryptocurrency Spot Market Exchange
- BTC
- Altcoins
- no minimum
- Fast verification
- Good support
- High trading fees
- Liquidity sometimes low

- Bitcoin Futures
- Derivatives
- BTC
- 0.001 BTC
Certain withdrawal fees Pro:
- Anonymous
- European Vanilla options
- Fast trading
- Bitcoin-only
- Liquidity issues
- No Android app
With over seven million inhabitants on 1104 square kilometres and an important economic and financial sector, Hong Kong is one of the world's major cities. 95 percent of Hong Kong's inhabitants are of Chinese descent with a predominantly Cantonese mother tongue.
Although Hong Kong is part of China, the city-state enjoys independence from Mainland. After having been a British colony for about 150 years, Hong Kong was returned to China in 1997.
In the course of this there was an agreement, a Chinese-British joint declaration on Hong Kong, that Hong Kong's democratic market economy system should remain in place for at least 50 years alongside the authoritarian socialist system of the People's Republic of China.
Thus Hong Kong's role as one of Asia's financial centers remained secure. This autonomy allows Hong Kong to have its own laws, customs duties and even its own currency.
Cryptocurrency Regulation in Hong Kong
The Hong Kong Financial Supervisory Authority (SFC) announced rules for crypto funds in November 2018. It also announced that it would regulate crypto exchanges.
Hong Kong thus joined the global trend towards crypto regulation, according to Bloomberg. Hong Kong-based fund managers who invest more than 10 percent of their portfolio in crypto assets now require a Type 1 SFC license.
It is also a prerequisite for professional securities trading.
Trading platforms that only serve institutional investors can test their business model in a so-called regulatory 'sandbox'. This gives FinTechs the opportunity to test their products in a live market environment, taking into account anti-money laundering laws and other rules.
In general, traders should note that the crypto asset market is still very young and trading rules may not always be transparent and fair. Outages are not uncommon, as are market manipulation and abuse. And there are also, unfortunately, downright scandals and frauds.
Hong Kong has experienced a veritable boom in the crypto sector in recent years. Some of the world's largest crypto exchanges - including BitMEX, Binance and OKEx - have settled in the former British colony.
Until 2018, the cryptocurrency sector in Hong Kong was largely unregulated. Some see SFC's move as a reaction to the increasing crypto investments of intentional investors who are to be protected in this way.
Many take a rather positive view of SFC's crypto-regulation: Realistically, there were only two possible ways forward - regulate or prohibit - so it could be seen as a smart move that Hong Kong has decided to regulate.
Hong Kong as a Tax Heaven for Bitcoin Brokers
The Hong Kong Special Administrative Region is particularly attractive for business start-ups because the small state has its own special tax law. In Hong Kong, for example, there is no VAT or sales tax. Corporate taxes amount to just 16.5%. Long-term capital gains are also not taxed in Hong Kong.
A property tax is charged annually to the owner of land or buildings in Hong Kong at the standard rate of 15% on the net value of such property or land.
Under the mandatory pension scheme, an employer is required to pay a mandatory contribution for an employee equal to 5% of the employee's monthly income.
Corporate income tax and the associated bureaucratic burden for a company in Hong Kong is extremely low compared to other industrialised nations. The time required for administrative formalities (hours) is only a fraction of the effort required by companies in the USA or Germany. The total tax portion of the profit amounts to 22.9% in Hong Kong while German companies must give up nearly 49% , for US-American companies it's 44%.
The maximum income tax rate is just 17%. People earning less than 45,000 HKD pay only 2% tax.
The profit tax on freelance professions, trade or commercial income is only 15%.
With it's tax law, it is not surprising that modern Bitcoin brokers are particularly fond of being founded in Hong Kong. With its liberal legal situation regarding cryptocurrencies (especially compared to Mainland), trading and gambling as well with being as a kind of tax paradise, the Chinese Special Administrative Zone offers an ideal environment for cryptocurrency broker companies.